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Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley

Stock sellers are poised to pick up where they left off on Friday as the market appears to be waking up from its August slumber with a vengeance. As Goldman Sach’s chief US equity strategist David Kostin told clients after the S&P 500 SPX: -1.29% took just 17 weeks to reach its year-end target of …

Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley Read More »